Mining Shared Value, with the support of the World Gold Council will present its findings regarding the state of, and leading practices regarding local procurement among the members of the World Gold Council.

Amidst gold prices hitting record highs, the objectives of the study are to encourage and support gold mining companies to refine their practices on local procurement so that more economic benefits stay in host communities and countries. With all the buzz around “value-addition” in mining, in most cases procurement of goods and services remains the much larger and more realistic opportunity for mining companies to contribute to economic and social development. This study showcase local procurement best practices applicable across the entire mining sector.